Corporate Insurance Executive
1 week ago
Roles and Responsibilities
- Manage all corporate insurance policies, including renewals, cancellations, amendments, and periodic policy reviews.
- Oversee the companys comprehensive insurance portfolio and ensure adequate coverage for diverse risks.
- Formulate and implement effective insurance strategies to safeguard the organization against potential exposures.
- Lead end-to-end insurance claims management, including timely document submission, settlement follow-up, and process digitalization to enhance efficiency.
- Develop streamlined claim resolution processes, resulting in faster and more effective settlements.
- Coordinate and collaborate with brokers and top insurers to obtain quotes, negotiate favourable terms, and secure optimal coverage and value.
- Review and analyse insurance policies and endorsements for accuracy and compliance with organizational requirements.
- Monitor insurance costs and budgets, ensuring cost-effective risk coverage.
- Prepare policy documents, endorsements, and all related insurance documentation accurately and on time.
- Maintain accurate records of policies, premiums, and claim settlements while ensuring compliance with regulatory guidelines.
- Provide guidance to internal stakeholders and team members on insurance procedures and claims-related processes
Desired Candidate Profile
- 3-7 years of experience in corporate insurance or related field (broking).
- B.Com degree required; M.Com preferred.
- Strong understanding of insurance documentation processes and regulations.
- Excellent communication skills with ability to work effectively with internal stakeholders.
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